I'm glad to see people still have no idea what a monopoly is as defined by the Clayton Act, the Sherman Act, and the HHI. I'm also glad to see that people don't know that there are instances where one cannot argue a monopoly such as owning IPs. You cannot have a monopoly on IPs by the very definition of the word.
This is a preemptive preparation by Roberts and CMCSA if the T/TWX merger goes through with few to no concessions next month. I honestly feel CMCSA would have won the original all stock bid if they had given in and offered a 2.5B breakup fee if regulators blocked the deal like Disney did. Their bid was 16% higher. I feel CMCSA will have to have an even higher bid if it's all cash (and not stock like FOX's board wanted from Disney. Remember, Disney originally had a mostly cash offer that was rejected).
The scenario could play out like this, Judge Leon approves the T/TWX deal with no concessions next month, Roberts and the board offer a ~25-30% premium over Disney's offer for FOX with a 2.5B break up fee. They will also have to offer to pay Fox's 1.5B break up fee to Disney. Under such a hypothetical offer, I don't see how Fox's shareholders don't change their mind like Sky shareholders did.
Me personally, I would have to take a look at the offer. Comcast has a fiduciary duty to their shareholders and I'm a little iffy on the logistics of this offer they might be cooking up. Depending on what the offer is I'll sell my CMCSA shares. If the offer is something like the above, I'll use my 0,00001% voting rights in FOX to vote for CMCSA's offer because I put my money in the stock market to make money. The fan in me though would prefer Disney to get it.
That's literally showing Marvel + DC != 91% in retail or dollar marketshare in the comic book market. It wouldn't really matter if they did in this day and age though.
Not even close. And it goes back together to people not knowing what a monopoly is as defined by the law.
Warner Brothers has been an afterthought in this deal. Any divestment required will be Tuner and/or HBO. ATT will be able to purchase WB without a problem.
This is a preemptive preparation by Roberts and CMCSA if the T/TWX merger goes through with few to no concessions next month. I honestly feel CMCSA would have won the original all stock bid if they had given in and offered a 2.5B breakup fee if regulators blocked the deal like Disney did. Their bid was 16% higher. I feel CMCSA will have to have an even higher bid if it's all cash (and not stock like FOX's board wanted from Disney. Remember, Disney originally had a mostly cash offer that was rejected).
The scenario could play out like this, Judge Leon approves the T/TWX deal with no concessions next month, Roberts and the board offer a ~25-30% premium over Disney's offer for FOX with a 2.5B break up fee. They will also have to offer to pay Fox's 1.5B break up fee to Disney. Under such a hypothetical offer, I don't see how Fox's shareholders don't change their mind like Sky shareholders did.
Me personally, I would have to take a look at the offer. Comcast has a fiduciary duty to their shareholders and I'm a little iffy on the logistics of this offer they might be cooking up. Depending on what the offer is I'll sell my CMCSA shares. If the offer is something like the above, I'll use my 0,00001% voting rights in FOX to vote for CMCSA's offer because I put my money in the stock market to make money. The fan in me though would prefer Disney to get it.
That's literally showing Marvel + DC != 91% in retail or dollar marketshare in the comic book market. It wouldn't really matter if they did in this day and age though.
Not even close. And it goes back together to people not knowing what a monopoly is as defined by the law.
Warner Brothers has been an afterthought in this deal. Any divestment required will be Tuner and/or HBO. ATT will be able to purchase WB without a problem.
